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dennis stattman, who managing blackrock's global allocation fund with annualized returns above 11% over the last ten years. the third hour of "squawk box" begins right now. welcome back, everybody. "squawk box" here on cnbc, i'm becky quick, this is joe kernen. wells fargo hitting taken looks like it came in a penny better than expected, joe? >> 88 versus -- >> 87 was the estimate. >> revenue 21.2 billion which is below where thompson reuters was and first call was 21.4. the stock now is just off a little, 35.18, it's now 34.90 to 35. chris whalen is here, he'll be able to help us with this. chris i've already said that these banks are too big to analyze. we need to break them up, not too big to fail but too big for to us do quickly on "squawk box". they're hard to quickly return on equity was 13.38%, that was up 52 basis points. tier one common equity ratio 10.06. >> what was revenue growth? sounds like it was off. >> i could probably get you a year ago. >> the street had them estimated up eight and change and sounds like they missed on the revenue side. >> revenue came in at 21.2 vers
this morning, former president and ceo of verizon wireless and author of "managers can you hear me now," denny stregl, good to see you. first i want to start off with the sprint news. should a deal proceed between softbank and sprint, how will that change the landscape and create a new competitor against a verizon and an at&t? >> melissa, i'm not sure that it will have a significant impact on the landscape. overall i think that if this deal does come to fruition and we'll know within probably the next several days, i think it would be good for sprint. i know dan hesse. the sprint ceo. he's an aggressive guy. he's a smart guy and i'm sure he'll do what's in the best interest of the sprint shareholders. overall obviously since the nextel acquisition years ago, dan has been working his team through some very difficult times and has made a relatively good progress going forward. look at the stock price. it has doubled over the course of the last few years. i think they're in a good position but the fact of the matter is that they are half the size in terms of customers of verizon and of at&t. so d
Search Results 0 to 1 of about 2